Business And Business Environment
Added on 2020-10-05
13 Pages4125 Words361 Views
BUSINESS ANDBUSINESS ENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................11. Types and purpose of the organisations ............................................................................12. Size And Scope Of Different Types Of Organisation........................................................33. Different Organisational Functions And Their Relationship With Organisational Objectives................................................................................................................................................44. Positive And Negative Impacts On Business Operation By Macro Environmental Factors. .55. Internal And External Analysis Of McDonald's To Identify Strength And Weakness .....76. Interrelationship Between Strength And Weakness With External Macro Factors...........9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................11
INTRODUCTIONBusiness environment relate to all internal and external factors which effect and controlthe business activity that is business environment, basically there are two types of businessenvironment micro environment and macro environment. This report discuss about purpose, sizeand scopes of different business organisation and also inter-departmental relationship and howthey affect the business and advantages of different functions on the other hand discussion on thedisadvantages. This study also include the different company's environment and workingprocess, Positive And Negative Impacts On Business Operation By Macro EnvironmentalFactors, Internal And External Analysis and Strength And Weakness of External Macro Factors.1. Types and purpose of the organisations As per report we include the public, private and voluntary sector Public sector- Public sectors are those sectors which control and owned by the different level ofgovernment they are not working for generate the revenue their main motive is to develop thelifestyles of the people who are living in the country. NHS is working on the public sectorsegment. NHS provides free healthcare facilities and medical services to public. This sector'smain source of income is from Taxes, penalty, fines, fees etc. Public sector can merge theirventures with private sectors. Examples of public sectors- transportations, communications,police services, water supply, fire services, municipal corporations, Railways, post office etc(Bull and et.al., 2016).Purpose of public sector- There is no motive to earn profit, these sectors have main purpose toserve the people of nations but its also play the major role in make countries economy strong. Itsdevelop the economy from the help of different type the government corporations, public sectoris self reliance sector there is not any specific source to make it strong, its help to develop thebackwards place of country, provide the jobs to peoples, invest income in defence service. Theother purpose of public sectors are setup of different system of energy production. Establishmentof Petrochemicals plants, space research project. All the funds are mostly collect from the publicand they invest for the growth of public and nations. The main purpose of the public sector isprovides the service to the community if they are not getting profit from the service they will notclose it government will might continue the service. NHS is a public sector company which havepurpose to provide the service without having motive of profit.
Private sector organisations- The selected organisations of the private sector company isMcDonald's and it offers wide range of food products and services to its customers includingfast food and beverages. Private sector organisations are those organisations which run by theindividual or companies their main objective is maximised the profit by selling company's goodsand services. Private sectors companies are now in every field like in health sector, Education,Transportation, Banking, Construction, Mining etc. Private sector companies growing very fastso in result competition in these sectors is very high. Private sector increase their net worth fromthe issue of shares, Debentures and franchises. In these sectors government do not interfere withthe business activities, all the control of company is under the company's management. Privatesector's contributions in nation's economy is very high.Purpose of private sector- As discuss above the main objective of private sector is generates theprofit. . Private companies has desire to expand their business globally, profit is priority for thecompany then after customer satisfaction and nations growth comes. Private sector is looking forthe skilled employees who can help in growing of company. there are many more otherobjectives also like transformation of the Economy, redistribute the income, source of capitalformation etc. .Voluntary sector- Voluntary sectors main purpose is helping the society, they are work for thepeople who are not able to help themselves, these organisations are not work for the profit. RedCross is the voluntary sector company. These sectors are work independently becausegovernment do not interfere in its activities and they are not even bound with many governmentpolicies. Example of voluntary sector- Charities, society welfare, organisation(Srdjevic, Bajceticand Srdjevic 2012). red cross is a volunatary sector business who aims at protecting human lifeand provides services of emergency assistance, relief from disaster and disaster preparingeducation services are also provided. Purpose of voluntary sector- Profit is not the motive for the Voluntary sectors they are workingfor the welfare and enrich the society they develop the nation's by providing the best possiblehelp. There are many sources which contribute money to the voluntary sector by giving thedonations. There purpose to help the people in country who suffering from the differentproblems, purpose of voluntary sector is to improve the lifestyle of people who belong tobackwards area, their purpose is to create social wealth rather than material wealth.
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